All Asset Manager News articles

Barings, one of the world’s largest diversified real estate investment managers, announces that it has acquired four logistics assets in Norrköping, Sweden, one of the Nordics’ most important logistics hubs, on behalf of institutional investors, for c. €92 million through a sale and lease back agreement.

Due to be launched on June 25, 2020, the Credit Suisse (Lux) Environmental Impact Equity Fund will invest in companies that drive a positive environmental transition while generating financial returns. In doing so, it will seek to contribute to achieving the UN Sustainable Development Goals.

AXA Investment Managers - Real Assets (“AXA IM - Real Assets”), a global leader in real asset investments and the leading(1) real estate portfolio and asset manager in Europe, announces that it has completed, on behalf of clients, the forward purchase of a 919-unit affordable housing for rent portfolio in the Madrid region of Spain for €150 million. The portfolio’s vendors are Tectum Real Estate, a dedicated build to rent company, and Locare Real Estate, a development company with extended expertise in affordable housing.

M7 Real Estate (“M7”), the pan-European investor and asset manager which specialises in the regional multi-let real estate market, announces that it has expanded into Spain, opening its first office in Madrid and appointing Alvaro Arteaga Biforcos as Managing Director, Spain. The opening expands M7’s network to 16 offices operating across 14 countries in Europe.

This quarter has marked the end of the longest bull market in history after a decade-long recovery since the global financial crisis. Entering 2020, nobody would have predicted the “black swan” event that was to come, providing a lethal shot to both the financial markets and global economies.

Between the middle of February and late March there was one of the most severe periods of poor performance from risk markets in general, and from investment grade credit in particular. This was in response to the Covid-19 crisis and was marked by both the speed and extent of the spread widening

Manhattan’s largest office landlord, today announced that it has sold a 49.5% interest in One Madison Avenue to the National Pension Service of Korea (“NPS”) and Hines Interest LP (“Hines”). NPS and Hines have committed aggregate equity to the project totaling no less than $492.2 million. SL Green Realty Corp. and Hines will co-develop the $2.3 billion project, which will span 1.4 million rentable square feet upon completion.

NEINVER is reopening its five outlet centres in Poland today under strict health and safety measures and with over 80% of their shops open. The FACTORY centres in Warsaw, Krakow, Gliwice and Poznan have implemented reopening plans in close coordination with the brands and authorities to ensure the maximum safety of employees and visitors.

While digital technologies have been transforming how and where we work for some time now, the coronavirus has quickly shown us that the warning signs for pandemics like this and the slower burn of global warming were there for those who were paying attention. The question for the commercial property market is what more could landlords and corporate occupiers have been doing to accommodate the already increasing demands for remote working and connectivity before the virus struck?

While most of us ended 2019 engrossed in Britain’s General Election and the fate of Brexit, the property industry continued to show its resilience and look beyond 2020 with increasing demand from occupiers and investors for more sustainable, high-tech and people-focused office space. 2019 showed not only how technological advancements are forcing more radical change but also how property landlords who don’t adapt could soon be left behind. As we enter the 2020s, the pressure to futureproof buildings, new and existing, is only going to become more crucial.